If you are 55 or older, you can take penalty-free distributions from your 401(k) under the so-called Age 55 Rule. » Read More
By: Lorie Konish
Individuals who live in areas affected by the recent blazes may be able to postpone upcoming mortgage and tax payments. » Read More
The AICPA National CPA Financial Literacy Commission offers 10 year-end moneywise tips for a fresh financial start in 2018. » Read More
A hospital worker in Massachusetts has claimed the $758.7 million Powerball, but she won't walk away with that full amount.
Before you buy a Powerball ticket on a whim, consider this: Where you got the ticket makes a big difference if you win.
See just how bad the odds for winning the $700+ million Powerball are.
Options for beneficiaries come with pros and cons. The best choice: wait.
Joining the office pool for the $700M Powerball prize may not improve your odds — and it could trigger a tax headache if you win.
If you're lucky enough to win the $535 million Powerball on Saturday, taxes will take a big cut of the prize.
Self-employed workers are prone to making expensive tax missteps, like not reporting income or underpaying quarterly taxes.
Traditional IRA, 401(k) and 529s work differently but can be smart accounts to invest in if you understand their unique tax-free qualities.
An Illinois player snared the $393 million Mega Millions jackpot Friday. The $430 million Powerball payout is still up for grabs, however.
A look at nine reasons why a Roth individual retirement account is a fantastic investment vehicle for most savers.
Choosing who will handle your estate should be a careful decision.
Lawmakers will focus on tax legislation soon, yet specifics of their plan remain unclear.
For many retirees, the move from saver to spender can feel like an abandonment of all of the principles they have known for decades.
Both the Powerball and Mega Millions lotteries now have jackpots exceeding $300 million. Here's how much taxes cut from the top prize.
Like paying hefty tax bills? A traditional 401(k) may do that to you.
This combination of policy changes would ensure Social Security's health through at least 2082, Motley Fool reports.
The federal government grabbed $713 million in Social Security benefits last year, mostly for unpaid taxes and delinquent student loans.
Moneyed families have hit the pause button on their estate plans, holding out for a repeal of the "death tax." Don't count on it.
How you handle old workplace accounts could make a big difference in how much you have saved at retirement.
High fees, missed employee matches and early withdrawal penalties could leave you with less than you expected for retirement.